25-Mar-2010 2:52 PM
BOC Aviation reports USD137 million profit, AerCap and Genesis finalise merger – Suppliers Share Wra
Analysis
While airlines suffered USD10.4 billion in estimated losses last year according to IATA, aircraft leasing companies continue to report strong 2009 profits. The latest is BOC Aviation, formerly Singapore Aircraft Leasing Enterprise, which finished 2009 with a USD137 million net profit, an increase of 28% year-on-year.
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